Broker-Dealer Compliance - Associate

The Broker-Dealer Compliance Associate at iCapital is responsible for overseeing employee-related compliance matters, which includes reviewing and approving outside brokerage accounts, personal trading activities, private investments, and outside business engagements. Additionally, this role involves collaborating with various business units to provide compliance guidance on marketing initiatives and assisting in the maintenance and updates of compliance policies and procedures.

Candidates for the Broker-Dealer Compliance Associate role at iCapital should possess 2-5 years of experience in a compliance role, preferably with broker-dealer experience. A strong understanding of FINRA rules is essential, along with excellent verbal communication skills. While a JD is a plus, it’s not a requirement. The ideal candidate should also demonstrate robust project management skills and thrive in fast-paced environments.

At iCapital, we encourage a continuous learning mindset among our Broker-Dealer Compliance Associates by offering tailored training sessions that meet both SEC and FINRA obligations. Associates are also involved in developing new policies and protocols, which enhances their skills and knowledge in the compliance landscape.

Broker-Dealer Compliance Associates at iCapital can expect a competitive compensation package, including a salary range of $90,000 to $115,000, equity options, and an annual performance bonus. Our benefits package includes employer-matched retirement plans, comprehensive healthcare coverage, unlimited paid time off, and flexible remote working options on Fridays, ensuring a great work-life balance.

The typical work schedule for a Broker-Dealer Compliance Associate at iCapital involves working in the office from Monday to Thursday, with the flexibility to work remotely on Fridays. This hybrid model supports both collaboration in the office and personal flexibility.

When answering, highlight specific instances where you navigated or enforced FINRA regulations in previous roles. Discuss your familiarity with key rules and any instances where you successfully addressed compliance issues.

You should mention your approach to staying informed about regulatory changes through continuous education and industry news. Describe how you contribute to policy updates based on these changes, ensuring alignment with both new and existing compliance requirements.

Share an example that illustrates your analytical skills. Detail the situation, your thought process in identifying the risk, and the measures you implemented to mitigate it, emphasizing the positive outcome.

Highlight your communication skills and your methods for fostering relationships across departments. Share a specific example where cross-departmental collaboration was crucial to a successful compliance initiative.

Discuss how you create engaging training materials and methods. Mention how you assess the needs of different teams and continually adapt training content to ensure it meets the compliance landscape's evolving requirements.

Your response should outline your preparatory steps, including collecting necessary documentation, coordinating with teams, and addressing any potential compliance gaps prior to the audit. Conclude with the audit's outcome.

Talk about any software or tools you’ve used for compliance tracking, and how you ensure thorough documentation. Describe a time when this tracking led to improved compliance in your past work.

Provide a specific example that showcases your organizational skills. Discuss how you prioritize tasks, manage deadlines, and communicate with your team in a way that maintains compliance without losing track of other important projects.

Reflect on a genuine challenge you've faced in compliance and your perspective on evolving regulations and enforcement. Provide insights into how you stay prepared for these challenges.

Convey your enthusiasm for iCapital's innovative approach to finance and how your skills align with the company’s mission. It's a great chance to demonstrate your knowledge of the company and your commitment to contributing to its success.